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last i checked everyone else's taxes are taxed at a normal income tax rate. joining us is michael. can you just explain the significance of this loophole? we're talking real money, right? >> we're talking real money, erin. we're talking about a lot of money. i mean, this would basically double the tax that venture capitalists and private equity investors have to pay every year. you've been right on this all along. it's inconsistent with current tax policy. so, yeah, i mean, these guys have gotten a big break. i don't blame them. i wish i could have figured out how to get that break. it's terrific. but now the republicans are saying we should change that law, and look at this, we've got republicans saying, we're going to raise taxes on the rich in this area and lower the overall rate, which makes much more economic sense. >> what i'm curious about though is why it has taken so long. the president keeps putting it in his budget but he's always willing to negotiate this out. this is a loophole. there's not very many people who benefit from it. they are incredibly wealthy. a, it would
last i checked everyone else's taxes are taxed at a normal income tax rate. joining us is michael. can you just explain the significance of this loophole? we're talking real money, right? >> we're talking real money, erin. we're talking about a lot of money. i mean, this would basically double the tax that venture capitalists and private equity investors have to pay every year. you've been right on this all along. it's inconsistent with current tax policy. so, yeah, i mean, these guys...
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he has been running a 10% tax cut across the board to republicans nationally given the budget realities of new jersey, given the pension plan he putly has not produced the savings they thought it would. he took that off the table so it makes it a little more feasible to get some of these priorities through. he also had this thing where they were anticipating only in new jersey or nevada, anticipating online revenues that have not come through. so the revenue side has not -- >> that's a bread patch, that's what passes as a bread patch. thank you for your take, appreciate you joining me. watch more with steve and the "up" team starting at 8:00 here on msnbc. of course, christie has, as we just discussed, governing throughout bridge gate and his platform continues to be more about the substantive issues than the bridge if you ask him, so what are the key issues underlying the scandal that he wants to push? first of all, education. he's calling for $13 billion more for schools. he's pushed merit pay for teachers, and he's asked for a study of longer school days and whether they are effectiv
he has been running a 10% tax cut across the board to republicans nationally given the budget realities of new jersey, given the pension plan he putly has not produced the savings they thought it would. he took that off the table so it makes it a little more feasible to get some of these priorities through. he also had this thing where they were anticipating only in new jersey or nevada, anticipating online revenues that have not come through. so the revenue side has not -- >> that's a...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com humans -- even when we cross our "t's" and dot our "i's," we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. so call... to talk with an insurance expert about everything that comes standard with our base auto policy. and if you switch, you could save up to $423. liberty mutual insurance. responsibility. what's your policy? >>> breaking news cnn has just learned that arizona governor jan
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com humans -- even when we cross our "t's" and dot our "i's," we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and...
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the federal gas tax has been capped around 17 cents a gallon. drivers from the northeast to the midwest don't need a reminder how bad our roads can be. the drivers $6.5 billion. jonathan, how about those potholes, do you have a view on that? >> i like to avoid them. >> i'm anti-potholes, too. >> that's all the time we have. it was nice having you on. >> thank you, ari, i appreciate it. >> $300 billion over four years. put aside the skepticism about getting anything done in washington. walk us through you there at the white house what you know about this and the plan. >> well, i think what you've got is the president again trying to get congress, trying to get the government to invest in infrastructu infrastructure. this is something he's been trying to do for several years. not just invest in it, invest in it ahead of time so as anthony fox, the transportation secretary said earlier today, you don't continue to put band aids on for the nation's highways and other infrastructure. that's what we've been doing to borrow a term for the show. there's
the federal gas tax has been capped around 17 cents a gallon. drivers from the northeast to the midwest don't need a reminder how bad our roads can be. the drivers $6.5 billion. jonathan, how about those potholes, do you have a view on that? >> i like to avoid them. >> i'm anti-potholes, too. >> that's all the time we have. it was nice having you on. >> thank you, ari, i appreciate it. >> $300 billion over four years. put aside the skepticism about getting anything...
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. >> colorado kmpt expects to make $100 million from taxing legalized marijuana. and the governor john hickenlooper -- you can tell who the stoners are. that's his actual name. governor hickenlooper says he will use a lot of that money to build new schools. they even announced some of the names of those schools. u. holden academy. hot pocket prep and here's the last one here. st. mary jane's. there you go. great schools. >>> first i should answer the i'm sinora and this is my son, chris. i'm a messy person. i don't like cleaning. i love my son, but he never cleans up. always leaves a trail of crumbs behind. you're going to have a problem with getting a wife. uh, yeah, i guess. [ laughs ] this is ridiculous. christopher glenn! [ doorbell rings ] what is that? swiffer sweep & trap. i think i can use this. it picks up everything. i like this. that's a lot of dirt. it's that easy! good job chris! i think a woman will probably come your way. [ both laugh ] out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i
. >> colorado kmpt expects to make $100 million from taxing legalized marijuana. and the governor john hickenlooper -- you can tell who the stoners are. that's his actual name. governor hickenlooper says he will use a lot of that money to build new schools. they even announced some of the names of those schools. u. holden academy. hot pocket prep and here's the last one here. st. mary jane's. there you go. great schools. >>> first i should answer the i'm sinora and this is my...
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. >> colorado kmpt expects to make $100 million from taxing legalized marijuana. and the governor john hickenlooper -- you can tell who the stoners are. that's his actual name. governor hickenlooper says he will use a lot of that money to build new schools. they even announced some of the names of those schools. u. holden academy. hot pocket prep and here's the last one here. st. mary jane's. there you go. great schools. when does your work end? does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or when your company's bought another? is it over after you've given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours. wake it up with olay regenerist. formulated with a skin energizing complex, it penetrates 10 layers of the skin's surface. because energized skin is younger looking skin. ♪ why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for che
. >> colorado kmpt expects to make $100 million from taxing legalized marijuana. and the governor john hickenlooper -- you can tell who the stoners are. that's his actual name. governor hickenlooper says he will use a lot of that money to build new schools. they even announced some of the names of those schools. u. holden academy. hot pocket prep and here's the last one here. st. mary jane's. there you go. great schools. when does your work end? does it end after you've expanded your...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com to nbcuniversal's coveragens of the biggest loser olympic winter games ever, with the most coverage of the most events on every device. and the most hours of streaming video on the nbc sports live extra app, including the x1 platform from xfinity. comcast was honored to bring every minute of every medal of nbcuniversal's coverage to every screen. so what's next? rio 2016. welcome to what's next. comcast nbcuniversal. purina dog chow light & healthy is a deliciously tender and crunchy kibble blend. with 20% fewer calories than purina dog chow. isn't it time you discovered the lighter side of dog chow. purina dog chow light & healthy. to manage your money.r guy around 2 percent that's not much, you think except it's 2 percent every year. go to e*trade and find out how much our advice and guidance costs. spoiler alert. it's low. it's guidance on your terms not ours. e*trade. less for
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com to nbcuniversal's coveragens of the biggest loser olympic winter games ever, with the most coverage of the most events on every device. and the most hours of streaming video on the nbc sports live extra app, including the x1 platform from xfinity. comcast was honored to bring every minute of every medal...
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we've reduced taxes and now people are more vulnerable. and my job is to communicate to people the absolute moral imperative during these times of using public resources to maintain this safety net. >> if there was a shred of truth to the idea that the rich got richer and everybody else would be better, today we would be drowning in jobs. it is obviously not true. >> here are the brother brother makers of the film, guys welcome. >> thank you. >> my heart breaks for every person who suffers in this country today. if capitalism, unregulated, unchecked. you really believe that is the answer today, checking capitalism? >> well, what we wanted to do. we saw that during the economic downturn there were more people out of work than at any time since the great depression. and millions of people were losing their homes. and our specialty is capturing life in progress in a very authentic way. and what we wanted to do is just show what families are going through. we felt that during the great depression they hired photographers like dorothea lang to
we've reduced taxes and now people are more vulnerable. and my job is to communicate to people the absolute moral imperative during these times of using public resources to maintain this safety net. >> if there was a shred of truth to the idea that the rich got richer and everybody else would be better, today we would be drowning in jobs. it is obviously not true. >> here are the brother brother makers of the film, guys welcome. >> thank you. >> my heart breaks for every...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back to "the ed show." the greatest privilege any american has is the right to vote in a representative government. members of congress have a responsibility to represent the people who sent them there. in rural nebraska, the people i met last friday are getting a raw deal. many of them traveled to washington to talk to congressman terry lee and senator mike johanns concerning the pipeline. tonight this is their story. ♪ in the breadbasket of america, where corn is king, everything surrounding this fight has been taller than corn. from the lobbying effort to the misinformation campaign, these concerned citizens feel big oil has tried to confuse the residents of nebraska, and it seems that everybody is in on the game. >> he sent an e-mail to his supporters saying that their electricity bills will go up unless the keystone xl pipeline is approved. that is outrageous. i
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back to "the ed show." the greatest privilege any american has is the right to vote in a representative government. members of congress have a responsibility to represent the people who sent them there. in rural nebraska, the people i met last friday are getting a raw...
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tax code. wolf? >> what does it mean, this promo -- it's just a proposal right now by congressman camp, for some popular tax breaks? >> reporter: yeah. i mean, the simplification for those tax breaks really means that taxpayers could wind up, believe it or not, losing things like the deduction for home mortgage interest. but it may be worth it for some people. you know, just to have, you know, a simpler experience when filing their taxes. otherses say good luck, because some americans are concerned about eliminating those kind of things during an election year. it could cost voters. regardless, though, none of this likely to happen any time soon. lawmakers will maybe get around to it by 2017. and something to keep in to it, but this plan itself has been in the works for three years now. wolf? >> it has been in the works for a long time. don't expect this current president of the united states to sign any close to that into law either. he has a different view. maybe one of these days they will work ou
tax code. wolf? >> what does it mean, this promo -- it's just a proposal right now by congressman camp, for some popular tax breaks? >> reporter: yeah. i mean, the simplification for those tax breaks really means that taxpayers could wind up, believe it or not, losing things like the deduction for home mortgage interest. but it may be worth it for some people. you know, just to have, you know, a simpler experience when filing their taxes. otherses say good luck, because some...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. is is mike. his long race day starts with back pain... ...and a choice. take 4 advil in a day which is 2 aleve... ...for all day relief. "start your engines" >>> welcome back to "hannity" yesterday a coalition of african american pastors are calling for an impeachment of eric holder by trying to quote, coerce states to fall in line with the same-sex marriage agenda. reverend owens is with us. welcome to the show. >> thank you. >> explain your position. >> our position is we went in state after state over a period of years and the people voted to have marriage between a man and woman. and king obama and king holder decided different. they went agains
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. is is mike. his long race day starts with back pain... ...and a...
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and the first reports of taxes raised pr the sale of legal marijuana are in. we have
and the first reports of taxes raised pr the sale of legal marijuana are in. we have
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out many tax breaks yes loopholes to help pay for lower overall tax rates and that could be politically risky. dave camp proposed the plan. he joins us. good evening, sir. >> hey, greta, great to be here. >> give me the headline on your proposal for the tax overhaul. >> well, the real headline is the pro-growth plan that will actually grow our economy, create almost 2 million jobs, increase income for average families by $1,300 a year. increase charitable giving by over $2 billion a year. each and every year. so it's a positive agenda. it's a pro-growth message. it actually gives our party something to talk about being for. but, yes, what we do is lower rates and do it by reforming the tax code to pay for them. >> all right. speaker boehner seemed lukewarm impressed if that at least that's what i took away from his statements. why is speaker boehner at least why is my impression that he is sort of lukewarm on your suggestion? >> look, i'm just not going to settle for things the way they are. as i travel the country, americans don't think things are going to get better and they haven't.
out many tax breaks yes loopholes to help pay for lower overall tax rates and that could be politically risky. dave camp proposed the plan. he joins us. good evening, sir. >> hey, greta, great to be here. >> give me the headline on your proposal for the tax overhaul. >> well, the real headline is the pro-growth plan that will actually grow our economy, create almost 2 million jobs, increase income for average families by $1,300 a year. increase charitable giving by over $2...
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advertising taxes? >> one of the things we are doing in this legislation -- and there is going to be a detailed briefing on this policy -- but i businesses,r all the top rate is going to be 25%. there is a significant rate reduction. one of the things we need to engage people on is the trade-offs we are making in order to lower rates. with regard to advertising, the first $1 million of advertising will be expensed as is now. i think that the 25% rate and the growth that comes from that that ourhange means economy grows by 20%. [indiscernible] >> many businesses organized this way because of tax reasons. would prevent them from organizing as a c corporation if they wanted to. important to the revenue-neutral in this bill. we are in a static basis. we are also distribution only neutral. this is about how to move forward with the fairest plan possible. >> the tax on large banks and insurers, can you provide an industry-neutral -- >> as we look at the financial side of this bill, we need to look at the fact
advertising taxes? >> one of the things we are doing in this legislation -- and there is going to be a detailed briefing on this policy -- but i businesses,r all the top rate is going to be 25%. there is a significant rate reduction. one of the things we need to engage people on is the trade-offs we are making in order to lower rates. with regard to advertising, the first $1 million of advertising will be expensed as is now. i think that the 25% rate and the growth that comes from that...
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while they're seeing tax revenue coming in. what is hard to measure is what the down side is. we don't really know what the down sides are of this yet. it's a big social experiment. >> you have goers, tour companies, folks creating edible marijuana. what surprised you the most reporting this special? >> reporter: everything. we spent an entire week there and everyday my head was spinning. i couldn't believe the scope of it. one of the things colorado's already estimated in the fiscal year to come in colorado alone to be worth over a billion dollars. just how large it is and how it reaches into segments of societies, not just the cheech and chongs, the lawyer that lives down the street from you, the scope of it so stunning, especially in the east we haven't been around medical marijuana or any of that. out there, this is the new normal. >> wow. sounds great. harry, thank you so much, harry smith from nbc. you could see harry's full special, marijuana in me, colorado pot rush tonight at 10:00 on our sister network, cnbc. >> turning to the weather, veronica, is snow out of here f
while they're seeing tax revenue coming in. what is hard to measure is what the down side is. we don't really know what the down sides are of this yet. it's a big social experiment. >> you have goers, tour companies, folks creating edible marijuana. what surprised you the most reporting this special? >> reporter: everything. we spent an entire week there and everyday my head was spinning. i couldn't believe the scope of it. one of the things colorado's already estimated in the...
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we try to tax money everywhere and the obama administration wants to increase taxes. it's two very different views. >> let me change gears. you had a great piece in the "new york times," yes, the wealthy can be deserving. and you were kind of mocking this inequality debate. why are we -- why is inequality so important? if we -- let's take energy, greg, for a second. you create a lot of millionaires, people are leasing their land and getting royalties but you're also creating tens of thousands of jobs, the field workers, the roust abouts. if the roust about makes $80,000 and the land holder is a millionaire, there might be some equality but who cares? >> they don't mind the rich getting rich as long as two things are occurring, the rich are doing it in a way that's socially productive and creating something of value for the economy, and secondly, they pay their fair share of taxes. for the vast majority of rich people that's the case. what i was trying to argue in the times is that most rich people including ceos, actors, authors, most of these people are earning a lot
we try to tax money everywhere and the obama administration wants to increase taxes. it's two very different views. >> let me change gears. you had a great piece in the "new york times," yes, the wealthy can be deserving. and you were kind of mocking this inequality debate. why are we -- why is inequality so important? if we -- let's take energy, greg, for a second. you create a lot of millionaires, people are leasing their land and getting royalties but you're also creating...
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so we need economic growth, not new taxes. new taxes will make it harder to grow the economy. second we know because the congressional budget office just told us a week or so ago that we have record levels of debt and growing levels of debt. another $10 trillion added to our debt in the next ten years. we get backed up to a trillion dollars a year in deficits during that time period. so we though those two things. and, yet, the president saying, no, we're going to put more taxes on the economy. we're not going to deal with the debt and deficit. >> let me bring in, because we have limited time, let me bring in congressman vanholland. the reason we can afford new spending is because the deficit is going down. that only tells part of the story. according to the budget office, the deficit does drop this year and next. but then if you look in the outyears, it starts to go up again and reaches over $1 trillion again by 2022. >> well, that's right. i can just say a quick word on the u-turn response in the earlier section. i think we're 48 hours near an international crisis. i would h
so we need economic growth, not new taxes. new taxes will make it harder to grow the economy. second we know because the congressional budget office just told us a week or so ago that we have record levels of debt and growing levels of debt. another $10 trillion added to our debt in the next ten years. we get backed up to a trillion dollars a year in deficits during that time period. so we though those two things. and, yet, the president saying, no, we're going to put more taxes on the economy....
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and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. lou: a powerful winter storm, shutting down washington dc along the eastern seaboard. the snowplows are doing their jobs. nevada had to be a thrill and according to one data company, but daiquiri number almost $6 billion because of the added expense and missed work days. joining us now is the "a-team." fred barnes, both a fox news contributor and lt's go to "the washington post." because i think by any standard, at least online. president obama's foreign policy is based on fantasy.
and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody...
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there is a 25% tax bracket, and then on top of that there is a sur tax. the sur tax would go to people making more than $450,000. oh those sorts of things do not make republicans happy and democrats jump at it i think there is a tax on big wall street tax as well. >> yes, indeed there is. they'll be taxed under the camp plan. there are things in here that would not make republicans happy. what they would like to do, the republicans, is to be able to say we reformed the tax code because that plays well for everyone. >> and given that there is nothing on immigration and now tax reform. are we watching, witnessing complete paralysis in washington? >> that would really be a change, wouldn't it? you know, yes, we are it's an election year again. it doesn't matter if it's an election year any more because things don't get done in congress. they have big issues before them from immigration, and the expedited trade agreement approval that they could give congress and the president. those sorts of things are not going to happen. minimum wage increase not going to
there is a 25% tax bracket, and then on top of that there is a sur tax. the sur tax would go to people making more than $450,000. oh those sorts of things do not make republicans happy and democrats jump at it i think there is a tax on big wall street tax as well. >> yes, indeed there is. they'll be taxed under the camp plan. there are things in here that would not make republicans happy. what they would like to do, the republicans, is to be able to say we reformed the tax code because...
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it's a tax hike. here now is former dnc chair howard dean and grover norquist, founders of americans for tax reform. grover, let me ask you this. i thought -- i know it's a tax hike. that's the easy part, but i thought when president obama was making one of his 30 changes without any legislative help, he said people with canceled plans could renew the plans, and he knew that would take a long time, and he was there for waiving the tax penalty for this year, which the i.r.s. is putting out as a threat. am i wrong? are they waiving the tax hike or not? >> well, they're promising to do it in some cases. however, the tax tips they put out kind of blows the cover, in thehood lines tax tips. inside nine times it's the shared responsibility payment, which is a long way of avoiding the word "taxes." it's only $95 this year. it goes up to $2,000 or more, at least minimum of 2085 in the future, so this tax is not only growing, and it's the shared responsibility payment if you're a democrat talking about it, but
it's a tax hike. here now is former dnc chair howard dean and grover norquist, founders of americans for tax reform. grover, let me ask you this. i thought -- i know it's a tax hike. that's the easy part, but i thought when president obama was making one of his 30 changes without any legislative help, he said people with canceled plans could renew the plans, and he knew that would take a long time, and he was there for waiving the tax penalty for this year, which the i.r.s. is putting out as a...
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we're still paying taxes. still new yorkers. >> right. there are, i know you've heard this, there are some people out there who take an issue with the fact that you're talking about these neighborhoods, your old neighborhood of fort greene that you don't still live there, you left fort greene however many ten years ago. >> the reason why i left fort greene, everybody in fort greene knows me and they ring my bell. my wife said we have to go. my office is still in fort greene. woody allen does not live in mid wood. barbara streisand moved out. jay-z moved out. spike lee is not the only person from brooklyn who's left the borough. my heart will always be in the republic of brooklyn, new york. >> i haven't heard anyone calling out woody allen for leaving brooklyn. spike lee, it's good to have you on the program always. it's interesting. thank you. >> anderson, anytime you call me, i'm on. >> all right. i appreciate it. take care. >>> up next, it sounds like something out of a spy novel. private bankers, a secret elevator, statements hidden in
we're still paying taxes. still new yorkers. >> right. there are, i know you've heard this, there are some people out there who take an issue with the fact that you're talking about these neighborhoods, your old neighborhood of fort greene that you don't still live there, you left fort greene however many ten years ago. >> the reason why i left fort greene, everybody in fort greene knows me and they ring my bell. my wife said we have to go. my office is still in fort greene. woody...
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Feb 26, 2014
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according to tax documents the conservative group 20 more than $41 million in 2012 to promote christian values. it also developed lawsuit and funded legislation to stop abortions and same-sex marriage. >> there is nothing that identifies as individuals as a homosexual. that is a smoke screen. >> reporter: but lawyers have been outspoken on their views homosexuality. this is one of the group's top attorneys speaking to pastors in illinois last year. >> by being quiet about homosexuality, you may be condemning some of your people to hell. >> reporter: now, governor brewer has until saturday to act on this bill, though she is expected to make a decision by friday. and that's when she meets with the arizona chamber of commerce and, scott, many of its members are outpoken opponents to this legislation. >> pelley: carter evans in phoenix for us tonight. carter, thanks very much. now, another issue for people all over the country-- the extreme weather. rain is finally coming to the drought-plagued west, but it may be too much, too fast. and that arctic air mass is spreading, bringing cold temp
according to tax documents the conservative group 20 more than $41 million in 2012 to promote christian values. it also developed lawsuit and funded legislation to stop abortions and same-sex marriage. >> there is nothing that identifies as individuals as a homosexual. that is a smoke screen. >> reporter: but lawyers have been outspoken on their views homosexuality. this is one of the group's top attorneys speaking to pastors in illinois last year. >> by being quiet about...
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Feb 26, 2014
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today said is tax reform is dead. >> ezra, can you quickly run us through tax reform? i know dave camp was working really hard with max baucus on it when baucus was chairman of the finance. baucus is gone, now ambassador to china. so camps decided to go it alone. what are the highlights and low lights of what he's introducing. >> first of all, that's like saying baucus is going to be replaced on jart white who is about the biggest fan of tax reform as anyone in the senate. i did not think camp was going to come forward with a full plan. i'm surprised that republicans are letting him do it or he's going rogue enough to do it. but it appears to bring down the code down to two brackets, 10 and 25. kind of, except if you're reach, then there's a 10% surtax on top of you so you're actually at 35%. but until we see what deductions he's eliminating, it's hard to say what the plan will be and who it will fall. >> when we say tax reform, when we say ron wyden is a fan, and i'm a fan of tax reform, we're almost never talking about the same thing when we use that phrase. i certai
today said is tax reform is dead. >> ezra, can you quickly run us through tax reform? i know dave camp was working really hard with max baucus on it when baucus was chairman of the finance. baucus is gone, now ambassador to china. so camps decided to go it alone. what are the highlights and low lights of what he's introducing. >> first of all, that's like saying baucus is going to be replaced on jart white who is about the biggest fan of tax reform as anyone in the senate. i did not...
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the private sector based on we've cut taxes 24 times. we're going to cut taxes another $500 million this year. the private sector's come back in our state. 462,000 jobs. so my job is continue to do what i've been doing for the last three years, make sure all families can get a job. we have 282,000 job openings. look, i know what it was like. i lived in public housing growing up. i remember when my dad lost his job. i remember when he got his car repossessed. i'm trying to make sure that never happens to another florida family. >> i want to go, but what do you think accounts for the perception issue? i understand you want to go and go compare your two records. but the perception is something that you have to overcome. why do you think it's out there? why do you think he's remembered more fondly than your current ten years, governor? >> chuck, i'm not a pundit. my job is to focus on families. i worry about families, like mine growing up. they needed a job. they want to make sure the kids get a great education. we've dramatically increased
the private sector based on we've cut taxes 24 times. we're going to cut taxes another $500 million this year. the private sector's come back in our state. 462,000 jobs. so my job is continue to do what i've been doing for the last three years, make sure all families can get a job. we have 282,000 job openings. look, i know what it was like. i lived in public housing growing up. i remember when my dad lost his job. i remember when he got his car repossessed. i'm trying to make sure that never...
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Feb 27, 2014
02/14
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tax collectors. the report accuses the bank of an array of tactics, from creating offshore shell entities to establishing a branch as work airport where elite clients used secret elevators operated by remote control. the ceo blamed the abuses on small -- a small group of bankers at the firm. >> the management team regrets deeply that despite the industry-leading appliance measures we put in place, we had some private bankers who appeared to have violated u.s. law. >> wednesday marked the two-year anniversary of the death of unarmedmartin, the african-american 17-year-old who was shot dead by george zimmerman in sanford, florida. zimmerman's acquittal now and i the country on issues of race and rights in the criminal justice system. rallies were held nationwide wednesday to mark the two years since the killing. >> we're all trayvon. fathers, sisters, brothers, grandfathers. the matter who you are, what you're doing or where you're going, if you believe in yourself, believe in him, too. >> i have a 20-
tax collectors. the report accuses the bank of an array of tactics, from creating offshore shell entities to establishing a branch as work airport where elite clients used secret elevators operated by remote control. the ceo blamed the abuses on small -- a small group of bankers at the firm. >> the management team regrets deeply that despite the industry-leading appliance measures we put in place, we had some private bankers who appeared to have violated u.s. law. >> wednesday...
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Feb 27, 2014
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>> top officials to credit swisse, helped investors evade taxes. kerry brady duggan was contrite. >> credit swissse regrets heartily that we had some swiss based private bankers who appear to have violated u.s. law. >> duggan claimed a rogue group, cloak and dagger. parchg statements were slipped into the pages of a copy of sports illustrated and handed to the client. a bank branch in the zurich airport where clients never had to heave airport grounds. each traction account transactions were immediately shredded. it was done without filing any u.s. tax forms. >> the jig's up. >> they are squeezed between u.s. and swiss law. which prevents them from revealing all but a few. >> do you think you're going to be quighted in a swiss court is the swiss government going to prosecute you? is that your fear? good that is my fear. >> so you have double jeopardy. >> where would you iek to spend time? -- like to spend time? >> it is a tough decision. >> urging the justice department to do more to find and prosecute tax cheats and demand swiss government operate
>> top officials to credit swisse, helped investors evade taxes. kerry brady duggan was contrite. >> credit swissse regrets heartily that we had some swiss based private bankers who appear to have violated u.s. law. >> duggan claimed a rogue group, cloak and dagger. parchg statements were slipped into the pages of a copy of sports illustrated and handed to the client. a bank branch in the zurich airport where clients never had to heave airport grounds. each traction account...
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Feb 26, 2014
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they would be taxed more. their tacks would actually go up, which is kind of surprising for a republican to suggest something like that. >> well, first of all, a lot of those people in that top 2% or 3% category of income a lot of them are business owners, and so you are taxing business income when >> that sounds like heaven. the great thing about this is the congressman will present more of his plan later today and it's a bipartisan plan so he's worked with democrats to come up with this. of course, the problem, some republicans -- >> we'll see. this is something, by the way, when we did this in 1976, carol, this was a genuine bipartisan thing where republicans said let's cut the tax rates and democrats said let's close the loopholes and one of the last true bipartisan triumphs we had in washington. i hope you're right we can get democrats aboard this too. this would raise the same amount of revenue as the currents tax system. it would be simpler. >> we'll wait to hear more from congressman camp. >> we can do
they would be taxed more. their tacks would actually go up, which is kind of surprising for a republican to suggest something like that. >> well, first of all, a lot of those people in that top 2% or 3% category of income a lot of them are business owners, and so you are taxing business income when >> that sounds like heaven. the great thing about this is the congressman will present more of his plan later today and it's a bipartisan plan so he's worked with democrats to come up...
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Feb 26, 2014
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talking about the new plan that could reduce taxes for the average family by more than $1,000 a year. chair of the house ways and means committee tells us about the big tax overhaul proposal he will unveil today. plus today the fda will consider allowing the creation of a baby from the dna of three people. that's right, we'll have a report on the ethical issues involving in creating designer babies. then we'll introduce you to george p. bush the newest member of the bush family to enter the political arena. the news is back in the morning. we have plenty of it. so we'll see you at 7:00. >> thank you. we'll see you then. >>> time now 6:51. a controversial bill in arizona pits gay rights against religious beliefs. why the battle is extending beyond state lines to right up here in san francisco. >> tree down on a san bruno home. now how the wednesday winds will affect your commute as the news continues right here on kpix 5. ,,,,,, [uncle]this is hopscotch,okay? uncle go one,two,one,two,one two,one. [niece]okay! [uncle]okay? [niece]one,two three,four,five,six,seven,eight! [uncle laughing]
talking about the new plan that could reduce taxes for the average family by more than $1,000 a year. chair of the house ways and means committee tells us about the big tax overhaul proposal he will unveil today. plus today the fda will consider allowing the creation of a baby from the dna of three people. that's right, we'll have a report on the ethical issues involving in creating designer babies. then we'll introduce you to george p. bush the newest member of the bush family to enter the...
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Feb 27, 2014
02/14
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he says it would be funded by overhauling tax codes for businesses. "we've got ports that aren't ready for the next generation of super-tankers. we have bridges that are old enough to qualify for medicare. the deadline to renew funding for highways, and bridge projects is september 30th... however, if no agreement has passed before then, some construction could begin shutting down as soon as this august. house speaker john boehner said he met with the president on tuesday, but the two failed to reach common ground on the proposal. an alarming amount of jobs are going unfilled in cyberspace. in what's being called a national security crisis, nearly 40% of i-t security jobs are vacant. art gilliland of hewlett packard's security divison explains. " so if you think about what's happening right now in the security industry is that there's just been tons of breaches, you see it in the news, back with the retail breaches in december and so one of the big challenges and one of the reasons that the bad guys have been so succesful is that there's just a massiv
he says it would be funded by overhauling tax codes for businesses. "we've got ports that aren't ready for the next generation of super-tankers. we have bridges that are old enough to qualify for medicare. the deadline to renew funding for highways, and bridge projects is september 30th... however, if no agreement has passed before then, some construction could begin shutting down as soon as this august. house speaker john boehner said he met with the president on tuesday, but the two...
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Feb 26, 2014
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com healthy diets are hard on your teeth. the truth is a lot of healthy food choices are still high in acidic content. if your enamel is exposed to acid and is in a softened state and you brush it away, you know, then it's gone. i would recommend that they brush with pronamel. pronamel is formulated to strengthen enamel and counteract the effects of acid erosion. they don't need to cut out those foods because they are good for them. but you can make some smart choices. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagr
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com healthy diets are hard on your teeth. the truth is a lot of healthy food choices are still high in acidic content. if your enamel is exposed to acid and is in a softened state and you brush it away, you know, then it's gone. i would recommend that they brush with pronamel. pronamel is formulated to...
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Feb 27, 2014
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪ huh, 15 minutes could save you 15% or more on car insurance. yup, everybody knows that. well, did you know that some owls aren't that wise. don't forget about i'm having brunch with meagan tomorrow. who? seriously, you met her like three times. who? geico. (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪ huh, 15 minutes could save you 15% or...
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Feb 26, 2014
02/14
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meantime, fox news alert now, the irs under a microscope as a hearing getting underway on efforts by the tax agency to regulate political speech. irs commissioner and treasury inspector general will testify. this is the house oversight committee is recalling former irs official lois lerner to answer questions about targeting conservative groups and the tea party. bring in mike emanuel. good northerning to you. why do they want to bring lois lerner back now. >> reporter: chairman issa says lois lerner's testimony will advantages the committees investigation. in a letter to learner's attorney, mr. issa wrote, miss learner's testimony remains critical to the committees investigation. documents obtained by the committee showed she play ad significant role in scrutinizing applications for the tax-exempt status for conservative organizations. miss learner participated partif plan work to develop rules that would allow the irs to stifle constitutionally protected political speech by non-profit groups. mr. learner's testimony will allow the committee to better understand how and why the irs targeted
meantime, fox news alert now, the irs under a microscope as a hearing getting underway on efforts by the tax agency to regulate political speech. irs commissioner and treasury inspector general will testify. this is the house oversight committee is recalling former irs official lois lerner to answer questions about targeting conservative groups and the tea party. bring in mike emanuel. good northerning to you. why do they want to bring lois lerner back now. >> reporter: chairman issa says...
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Feb 26, 2014
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com if you have a business idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here to help you turn your dream into a reality. start your business today with legalzoom. we're here to help you turn your dream into a reality. but with less energy, moodiness, and a low sex drive, i had to do something. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron the only underarm low t treatment that can restore t levels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to yo
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com if you have a business idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here to help you turn your dream into a reality. start your business today with legalzoom. we're here to help you turn your dream into a reality. but with less energy,...
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Feb 26, 2014
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tax it. thank you very much. appreciate it. >>> biden enters the ring. let's play "hardball." >> good evening. i'm chris matthews in washington. let me start tonight with this. earlier today, barbara walters popped the question to vice president biden. if hillary clinton runs for president, does that mean you won't run? isn't that what you have said? biden couldn't have been more emphatic. he said he never said he wouldn't run if hillary did. quote, whether she runs or not will not affect my decision. he went on to say that his wife jill was supportive of his decision, and that being a good vice president the next several years was a perfect way to make himself a solid presidential candidate. so are we ready? is the democratic party ready for this? is the country ready for a showdown between the vice president of the united states and the former first lady, former u.s. senator, former secretary of state? and why is biden saying all this now? and who is he saying it to? is he serving notice to secretary clinton that the presidential nomination is not hers
tax it. thank you very much. appreciate it. >>> biden enters the ring. let's play "hardball." >> good evening. i'm chris matthews in washington. let me start tonight with this. earlier today, barbara walters popped the question to vice president biden. if hillary clinton runs for president, does that mean you won't run? isn't that what you have said? biden couldn't have been more emphatic. he said he never said he wouldn't run if hillary did. quote, whether she runs or...
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Feb 27, 2014
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bill: so the tax man's coming thanks to obamacare. millions of americans might be scratching their heads very soon trying to figure out what they owe uncle sam under the new law. gerri willis, anchor of "the willis report" and a fox business network is here to give us some guide posts here. good morning to you. >> good morning, bill. bill: it's my-up. that a lot of americans -- my hunch that a lot of americans are in for a surprise. >> they're in for a bad surprise. there might be some four-letter words thrown around. middle class people are going to be on the hook, and it's to pay for obamacare. bill: so this was not here in april of 2013, but it is here now in 20. >>, and -- 2014, and what is on the horizon? >> so it's your 2013 tax filing that's at risk here, and here's what we're paying. we're paying more money to support medicare, almost 1%. 0.9% additional on your income, okay? so your salary, your pay. you're going to pay an additional 1% on that to support obamacare. on top of that if you're an investor, you're going to pay mo
bill: so the tax man's coming thanks to obamacare. millions of americans might be scratching their heads very soon trying to figure out what they owe uncle sam under the new law. gerri willis, anchor of "the willis report" and a fox business network is here to give us some guide posts here. good morning to you. >> good morning, bill. bill: it's my-up. that a lot of americans -- my hunch that a lot of americans are in for a surprise. >> they're in for a bad surprise. there...
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Feb 27, 2014
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or start a new business here... d pay no taxes for 10 yrs. with new jobs, new opportunities and a new tax free plan. the's only one way for yo busess to go. up. find outf your business can qualify at start-upny.com hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is ll of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. wh a day. can't wait til tomorrow. neil: you have probably heard that delta will start taking your frequent flyer miles. and i bet you did not hear how some airlines are quietly letting those reedman fares die off or it no more special prices those flying out for their loved one's final arrangement. our friend found out the hard way and the fear he was used to up and vanished. we also have key bloggers here digging into this issue and also some warnings for those flyers who might be in for some interesting surprises. so what happened? >> you
or start a new business here... d pay no taxes for 10 yrs. with new jobs, new opportunities and a new tax free plan. the's only one way for yo busess to go. up. find outf your business can qualify at start-upny.com hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is ll of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> this is not a good sign. jp morgan slashing 8,000 jobs, and is this about the mortgage business or the feds giving them the business and all these fines the company has to keep paying. so obviously someone has to go.e layoffs will not stop there. >> they won't and we first reported in dem that all the banks were going to experience layoffs -- >> because of the fines or the mortgage business? >> it's both. the mortgage business -- wells fargo announced cuts in mortgage business. and that was our story in december. when you need to pay these fines and these fines are mounting for everybody, it has to come somewhere. it has to come from the place that is weakest, and right now the mortgage business is the weakest because you have interest rates rising, you have feds tapering, people getting done with refinancing their mortgages, just so many times you can do that business before
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> this is not a good sign. jp morgan slashing 8,000 jobs, and is this about the mortgage business or the feds giving them the business and all these fines the company has to keep paying. so obviously someone has to go.e layoffs will not stop there. >> they won't and we first reported in...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. and a new up. free plan. find out if your businessy can qualifify at start-upny.com what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. neil: not one not to the three attacks. first the white house wonders what to do with ansa and one option they toss around is the phone tapping records. judge she did not let them move aaide. >> the president thought he could reform the yenisei to allow it to continue all spy all the time no search warrants to identify a target. by depositing their records with the phone company he forgot to tell the public he gave the nsa the abilit
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. and a new up. free plan. find out if your businessy can qualifify at start-upny.com what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us...
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money comes and you saysterry, demanding higher taxes. the government will have to push forward even a doubling of the gasoline tax here. that will be very unpopular, extremely difficult for this government. politically, physically, obviously very difficult in the south of the country, deep tensions there. not only there, in the east, as well. a lot of people look toward russia. a lot of people in ukraine still want to be connected to russia. a lot of people hostile to the government, anyone looking west. they will have to reach to the east and south and convince them that they can have a unity government, a government that does not leave aside or push aside any of those people looking east, even though this government and the people behind me still hope the ukraine looks west. >> thank you very much. from nick shiffrin in kiev, we now turn to jennifer glasse in southern ukraine, a pro russian militia taking over two government buildings flying the russian flag. how do you manage to basically unite a country that appears from all outside
money comes and you saysterry, demanding higher taxes. the government will have to push forward even a doubling of the gasoline tax here. that will be very unpopular, extremely difficult for this government. politically, physically, obviously very difficult in the south of the country, deep tensions there. not only there, in the east, as well. a lot of people look toward russia. a lot of people in ukraine still want to be connected to russia. a lot of people hostile to the government, anyone...
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Feb 27, 2014
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production raked in $1.4 billion for the uk laugh yeerts they they make it easier for studios to qualify for tax breaks starting this spring to encourage the next afternoon tar. sky fall, inception, batman. and it all began with that film ceo adrian wootton says it helps that much of the creative talent is crammed within the radius of a few blocks. >> people actually like being here because they can walk out of place where they're having coffee and a sandwich and they can walks over to their post production ifl and walk around the corner and see how the sound mixing is going 200 yards away. >> recognizing that home grown talent is maybe why "gravity" grabbed britain's version of the osca oscar. >> and it goes to "gravity." >> reporter: special effects have come a long way since dangling a space ship on a string. now it's a snap to be thrust into space but the special effects in granty are a game charger. >>> in scenes where they appear to be flying, the cameras are flying to them. in others, only their faces are real. alphonil folfonso coron had to with the goods. >> 1.8 million little lights co
production raked in $1.4 billion for the uk laugh yeerts they they make it easier for studios to qualify for tax breaks starting this spring to encourage the next afternoon tar. sky fall, inception, batman. and it all began with that film ceo adrian wootton says it helps that much of the creative talent is crammed within the radius of a few blocks. >> people actually like being here because they can walk out of place where they're having coffee and a sandwich and they can walks over to...
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raising taxes, that's another bad option. or three would be cutting much needed other services that our state provides. >> representative, i have to ask you this. i read about your story which is really remarkable, and what you were able to do in the midst of that accident. but it is the case, right? when that accident happened, it was very expensive. about $1 million as i understand the medical bills. that the medicaid program itself picked up a significant portion of that, isn't that right? >> that is correct, chris. and i would like to take this opportunity to humbly thank the american people and the people of arkansas for helping me out. because without those programs, i know that i wouldn't be here. that's one of the reasons that i've dedicated my life to public service as an opportunity to help out my community. i would also like -- i would like to note that the medicaid program that was there for me, and has been there for thousands and thousands of other arkansans, the traditional medicaid program is not what's being
raising taxes, that's another bad option. or three would be cutting much needed other services that our state provides. >> representative, i have to ask you this. i read about your story which is really remarkable, and what you were able to do in the midst of that accident. but it is the case, right? when that accident happened, it was very expensive. about $1 million as i understand the medical bills. that the medicaid program itself picked up a significant portion of that, isn't that...
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